May 13, 2012

The Big Picture Is All Bullish For Gold

What’s so appealing about gold is that it does have intrinsic value. It’s paper money, it’s the dollar and the euro that ultimately have no intrinsic value. They are just pieces of paper with numbers written on them. The government can put any number they want on that paper, but gold is real. The government can’t create gold out of thin air, it has to be mined. The big picture is all bullish for gold. - in KWN

VISIT THE NEW WEBSITE:

BIO

Peter David Schiff (born March 23, 1963) is an American economist, author, commentator and popular video blogger. Schiff, a licensed stock broker, is the president of Euro Pacific Capital, headquartered in Westport, Connecticut